Prof. Mervyn King resigns as chair of the King Committee

He will be succeeded by Prof. Suresh Kana on 1 October.

On 1 October, Professor Mervyn King will hand over the reigns of the King Committee to Professor Suresh Kana. Prof. King, a member of the CFO Awards judging panel, has headed the committee for the last two decades.

Kana is currently the chairperson of Imperial Holdings Group, the chairperson of Murray and Roberts, and lead independent director of the JSE Limited. He joined the King Committee in 2000 and has been involved in the development of the King II, King III and King IV reports.

According to a statement from the Institute of Directors in Southern Africa, Prof King will remain a member of the committee and will take on a new role as chairperson emeritus.